Common Contracts

2 similar null contracts by Dynamics Research Corp

December 20, 2013
Dynamics Research Corp • December 23rd, 2013 • Services-computer integrated systems design

As you know, Dynamics Research Corporation (the “Corporation”) is currently contemplating strategic alternatives involving potential business combinations pursuant to a process designated as Project Leader. You have been and will continue to be instrumental in a successful consummation of a transaction resulting from Project Leader (the “Transaction”). In consideration of your anticipated extraordinary efforts to be expended in connection with closing a transaction resulting from Project Leader (the “Closing”), and to provide an incentive for you to remain with the Corporation or its successor for a transition period following the Closing, the Corporation is pleased to inform you of its intention to award you a Special Transaction Success Bonus in an amount of up to six hundred thousand dollars ($600,000) (the “Success Bonus”), less all applicable federal, state, and local tax and withholdings.

AutoNDA by SimpleDocs
December 20, 2013
Dynamics Research Corp • December 23rd, 2013 • Services-computer integrated systems design

As you know, Dynamics Research Corporation (the “Corporation”) is currently contemplating strategic alternatives involving potential business combinations pursuant to a process designated as Project Leader. You have been and will continue to be instrumental in a successful consummation of a transaction resulting from Project Leader (the “Transaction”). In consideration of your anticipated extraordinary efforts to be expended in connection with closing a transaction resulting from Project Leader (the “Closing”), and to provide an incentive for you to remain with the Corporation or its successor for a transition period following the Closing, the Corporation is pleased to inform you of its intention to award you a Special Transaction Success Bonus in an amount of up to one hundred thousand dollars ($100,000) (the “Success Bonus”), less all applicable federal, state, and local tax and withholdings.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!